Government // Current

Iphone Dock Fires and Other Holiday Hazards

As we all approach the inevitable chaos of the holidays with shopping, company... more

Paisano1
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10 hours ago
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You can access all Congressional informaiton

http://www.examiner.com/x-14931-Pittsburgh-Public-Policy-Examiner

patomalley
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24 hours ago
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Banks vs. Chamber of Commerce

http://www.huffingtonpost.com/2009/11/06/house-panel-may-keep-publ_n_348685.html... more

AlGores_Uncle
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1 day ago
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is the government withholding vaccine to promote false demand and panic?

the government thinks its funny that you will line up for the vaccine if you think it... more

lionessgrrl
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1 day ago
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Navy CIO Sees Future in Cloud Computing

During this week’s Federal Executive Forum taping, Navy CIO Robert Carey discussed... more

Paisano1
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1 day ago
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A house is not a Home

Press Pass TV follows the heartbreaking story of a blind mother of 5's journey to... more

presspass
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3 days ago
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David Nutt speaks out at government in New Scientist article

"Policies that ignore the realities of the world we live in are doomed to fail. This... more

cadex
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4 days ago
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Goldman Sachs Even Owns Space Satellites

http://iridium.mediaroom.com/index.php?s=43&item=939

Iridium Announces Goldman Sachs As Lead Financing Advisor
BETHESDA, Md. – October 27, 2009 – Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has engaged Goldman, Sachs & Co. as its lead global advisor on the financing of Iridium NEXT, the company’s next generation satellite constellation. The company continues to expect to fund a substantial portion of the cost of Iridium NEXT from internally generated cash flow, as well as revenues derived from hosted payloads on its next generation constellation and from warrant proceeds. In addition, the recent closing of the company’s merger, which substantially strengthened the company’s balance sheet, has enhanced the opportunity to pursue various financing options. Goldman Sachs will lead the initiative to secure the remainder of funding necessary to develop, build and launch the new constellation, which is anticipated to begin launching in 2014.

Iridium has said that it expects to announce the selection of a prime contractor in the coming months. Lockheed Martin and Thales Alenia Space are competing to secure the prime contract for the development of Iridium NEXT.

“Our business performance, including our recent announcement of our entry into the Mexican market, supports our confidence that a substantial portion of the cost of our next generation of satellites will be funded from internally generated cash flow,” said Iridium CEO Matt Desch. “We are pleased to have appointed Goldman Sachs as our lead advisor, and I am confident that we are in the optimal position to secure the best possible support for Iridium NEXT.”

I found this press release after reading this article, and then I checked out Iridium's site:
http://www.reuters.com/article/politicsNews/idUSTRE5A24WG20091103?feedType=RSS&feedName=politicsNews

Pentagon eyes crash analysis on 1,300 satellites

"WASHINGTON (Reuters) - The U.S. military on Tuesday said it met its goal of conducting collision analysis on 800 maneuverable satellites in September, and expects to be able to track 500 more non-maneuvering satellites by year's end.

The U.S. Air Force began upgrading its ability to predict possible collisions in space after a dead Russian military communications satellite and a commercial U.S. satellite owned by Iridium collided on February 10."http://iridium.mediaroom.com/index.php?s=43&item=939 Iridium Announces Goldman... more

rodstradamus
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4 days ago
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Folding the US Into a Single Global Currency

http://www.ecommercetimes.com/rsstory/68541.html?wlc=1257280213 This is an... more

rodstradamus
added this
5 days ago
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4 comments

Everyday Life and the Expectation of Privacy

Regardless of what you feel should or should not be private, we all have a right to... more

Paisano1
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5 days ago
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Broadband tax will see 100,000 people without internet

Charles Dunstone, the chief executive of TalkTalk, fears the Government's plans to... more

CarolineS
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5 days ago
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3 comments

Top Ten Email Related Disasters of 2009

Forget about vampires, ghouls and zombies. You were much more likely to receive a... more

Paisano1
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6 days ago
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We're Governed by Callous Children!

The biggest threat to America right now is not government spending, huge deficits, foreign ownership of our debt, world terrorism, two wars, potential epidemics or nuts with nukes. The biggest long-term threat is that people are becoming and have become disheartened, that this condition is reaching critical mass, and that it afflicts most broadly and deeply those members of the American leadership class who are not in Washington, most especially those in business.

Part of the reason is that the problems—debt, spending, war—seem too big. But a larger part is that our government, from the White House through Congress and so many state and local governments, seems to be demonstrating every day that they cannot make things better. They are not offering a new path, they are only offering old paths—spend more, regulate more, tax more in an attempt to make us more healthy locally and nationally. And in the long term everyone—well, not those in government, but most everyone else—seems to know that won't work. It's not a way out. It's not a path through.

While Americans feel increasingly disheartened, their leaders evince a mindless . . . one almost calls it optimism, but it is not that.

It is a curious thing that those who feel most mistily affectionate toward America, and most protective toward it, are the most aware of its vulnerabilities, the most aware that it can be harmed. They don't see it as all-powerful, impregnable, unharmable. The loving have a sense of its limits.

When I see those in government, both locally and in Washington, spend and tax and come up each day with new ways to spend and tax—health care, cap and trade, etc.—I think: Why aren't they worried about the impact of what they're doing? Why do they think America is so strong it can take endless abuse?

They don't feel anxious, because they never had anything to be anxious about. They grew up in an America surrounded by phrases—"strongest nation in the world," "indispensable nation," "unipolar power," "highest standard of living"—and are not bright enough, or serious enough, to imagine that they can damage that, hurt it, even fatally.

We are governed at all levels by America's luckiest children, sons and daughters of the abundance, and they call themselves optimists but they're not optimists—they're unimaginative. They don't have faith, they've just never been foreclosed on. They are stupid and they are callous, and they don't mind it when people become disheartened. They don't even notice.

(Much more to the article, I had to trim it down.)The biggest threat to America right now is not government spending, huge deficits,... more